Ripple forecast & technical analysis February 15, 2018


Ripple XRP/USD traded at the level of 1.02 and continue to move within the rising channel. At this point, we should expect an attempt to test the support area near the level of 0.95 and continue the growth in the area above the level of 1.25. In favor of the growth of quotations XRP/USD will perform a test of the support line on the indicator of relative strength index (RSI).

Ripple forecast & technical analysis February 15, 2018

Cancellation of the growth option will be a breakdown at the level of 0.75, which will indicate the continuation of the fall of XRP/USD in the area below 0.60. With the breakdown of the resistance area and the closing above the level of 1.05, one should expect confirmation of the development of the bullish trend for Ripple.

Ripple forecast & technical analysis February 15, 2018

Ripple forecast & technical analysis February 15, 2018 presupposes a test of the support level near 0.95, from which it is expected to grow the cryptocurrency with a potential target at 1.25, an additional signal in favor of Ripple growth is the trend line test on the relative strength index (RSI).


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